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CBSE Class 12 Business Studies 2024-25: Updated Syllabus

Syllabus

CBSE Class 12 Business Studies 2024-25: Updated Syllabus

Last updated date: 20th Apr 2024

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CBSE Class 12 Business Studies Syllabus - Free PDF Download

The Business Studies in Class 12 NCERT syllabus provides a comprehensive framework for students to understand various business concepts and principles. The Central Board of Secondary Education (CBSE) has released the updated syllabus for CBSE Class 12 Business Studies for the academic year 2024-25. The syllabus covers a wide range of topics, including business environment, management, marketing, and financial management.

The updated syllabus reflects the latest trends in the business world, such as the rise of e-commerce and the increasing importance of social media marketing. It also includes new topics, such as business ethics and corporate social responsibility.

The syllabus is designed to help students develop the skills and knowledge they need to succeed in the business world. It covers the following topics:

Business environment
Management
Marketing
Financial management
Business ethics
Corporate social responsibility

The syllabus is also aligned with the National Education Policy (NEP) 2020, which emphasises the importance of entrepreneurship and innovation.

Here are some of the key features of the updated syllabus:

It covers the latest trends in the business world, such as the rise of e-commerce and the increasing importance of social media marketing.
It includes new topics, such as business ethics and corporate social responsibility.
It is aligned with the National Education Policy (NEP) 2020, which emphasizes the importance of entrepreneurship and innovation.

CBSE Class 12 Business Studies Syllabus - Free PDF Download

The Class 12 Business Studies syllabus provides students with an overview of the topics from which questions come in the examination. Recently, the CBSE board has introduced some changes in the Business Studies syllabus of Class 12.

Sl.No	Unit Name	Periods	Marks
Part A Principles and Functions of Management
1	Nature and Significance of Management	12	16
2	Principles of Management	14
3	Business Environment	12
4	Planning	14	14
5	Organising	15	14
6	Staffing	16	20
7	Directing	15
8	Controlling	12
Total		110	50
Part B Business Finance and Marketing
9	Financial Management	20	15
10	Financial Markets	18	15
11	Marketing Management	30	15
12	Consumer Protection	12	15
Total		80	30
Part C Project Work (One)
Total		30	20

CBSE Class 12 Business Studies Syllabus - Free PDF Download

Part A: Principles and Functions of Management

Unit 1: Nature and Significance of Management

Content	After going through this unit, the student/ learner would be able to:
Management - concept, objectives, and importance	● Understand the concept of management. ● Explain the meaning of ‘Effectiveness and Efficiency. ● Discuss the objectives of management. ● Describe the importance of management.
Management as Science, Art and Profession	● Examine the nature of management as a science, art and profession.
Levels of Management	● Understand the role of top, middle and lower levels of management
Management functions-planning, organizing, staffing, directing and controlling	● Explain the functions of management
Coordination- concept and importance	● Discuss the concept and characteristics of coordination. ● Explain the importance of coordination.

Unit 2: Principles of Management

Principles of Management- concept and significance

● Understand the concept of principles of management.

● Explain the significance of management principles.

Fayol’s principles of management

● Discuss the principles of management developed by Fayol.

Taylor’s Scientific management principles and techniques

● Explain the principles and techniques of ‘Scientific Management’.

Unit 3: Business Environment

Business Environment- concept and importance

● Understand the concept of ‘Business Environment’.

● Describe the importance of business environment

Dimensions of Business Environment- Economic, Social, Technological, Political and Legal

● Describe the various dimensions of ‘Business Environment’.

Unit 4: Planning

Planning: Concept, importance and limitation

● Understand the concept of planning.

● Describe the importance of planning.

● Understand the limitations of planning

Planning process

● Describe the steps in the process of planning.

Unit 5: Organising

Organising: Concept and importance	● Understand the concept of organizing as a structure and as a process. ● Explain the importance of organising.
Organising Process	● Describe the steps in the process of organizing
Structure of organisation- functional and divisional concept	● Describe functional and divisional structures of organisation. ● Explain the advantages, disadvantages and suitability of functional and divisional structure. ● Understand the concept of formal and informal organisation. ● Discuss the advantages, disadvantages of formal and informal organisation.
Delegation: concept, elements and importance	● Understand the concept of delegation. ● Describe the elements of delegation. ● Appreciate the importance of Delegation.
Decentralization: concept and importance	● Understand the concept of decentralisation. ● Explain the importance of decentralisation. ● Differentiate between delegation and decentralisation.

Unit 6: Staffing

Staffing: Concept and importance	● Understand the concept of staffing. ● Explain the importance of staffing
Staffing as a part of Human Resource Management concept	● Understand the specialized duties and activities performed by Human Resource Management
Staffing process	● Describe the steps in the process of staffing
Recruitment process	● Understand the meaning and steps in the process of recruitment. ● Discuss the sources of recruitment. ● Explain the merits and demerits of internal and external sources of recruitment.
Selection – process	● Understand the meaning of selection. ● Describe the steps involved in the process of selection.
Training and Development - Concept and importance, Methods of training - on the job and off the job - vestibule training, apprenticeship training and internship training	● Understand the concept of training and development. ● Appreciate the importance of training to the organisation and to the employees. ● Discuss on the job and off the job methods of training. ● Discuss the meaning of vestibule training, apprenticeship training and internship training. ● Differentiate between training and development.

Unit 7: Directing

Directing: Concept and importance	● Describe the concept of directing. ● Discuss the importance of directing
Elements of Directing	● Describe the various elements of directing
Motivation - concept, Maslow’s hierarchy of needs, Financial and non-financial incentives	● Understand the concept of motivation. ● Develop an understanding of Maslow’s Hierarchy of needs. ● Discuss the various financial and non-financial incentives.
Leadership - concept, styles - authoritative, democratic and laissez faire	● Understand the concept of leadership. ● Understand the various styles of leadership.
Communication - concept, formal and informal communication; ; barriers to effective communication, how to overcome the barriers	● Understand the concept of communication ● Understand the elements of the communication process. ● Discuss the concept of formal and informal communication. ● Discuss the various barriers to effective communication. ● Suggest measures to overcome barriers to communication.

Unit 8: Controlling

Controlling - Concept and importance

● Understand the concept of controlling.

● Explain the importance of controlling

Relationship between planning and controlling

● Describe the relationship between planning and controlling

Steps in process of controlling

● Discuss the steps in the process of controlling.

Part B: Business Finance And Marketing

Unit 9: Financial Management

Financial Management: Concept, role and objectives	● Understand the concept of financial management. ● Explain the role of financial management in an organisation. ● Discuss the objectives of financial management
Financial decisions: investment, financing and dividend- Meaning and factors affecting	● Discuss the three financial decisions and the factors affecting them.
Financial Planning - concept and importance	● Describe the concept of financial planning. ● Explain the importance of financial planning.
Capital Structure – concept and factors affecting capital structure	● Understand the concept of capital structure. ● Describe the factors determining the choice of an appropriate capital structure of a company.
Fixed and Working Capital - Concept and factors affecting their requirements	● Understand the concept of fixed and working capital. ● Describe the factors determining the requirements of fixed and working capital.

Unit 10: Financial Markets

Financial Markets: Concept, Functions and types	● Understand the concept of the financial market.
Money market and its instruments	● Understand the concept of the money market.
Capital market: Concept, types (primary and secondary), methods of floatation in the primary market	● Discuss the concept of capital market. ● Explain primary and secondary markets as types of capital market. ● Differentiate between capital market and money market. ● Distinguish between primary and secondary markets
Stock Exchange – Meaning, Functions and trading procedure	● Give the meaning of a stock exchange. ● Explain the functions of a stock exchange. ● Discuss the trading procedure in a stock exchange. ● Give the meaning of depository services and demat account as used in the trading procedure of securities.
Securities and Exchange Board of India (SEBI) - objectives and functions	● State the objectives of SEBI. ● Explain the functions of SEBI.

Unit 11: Marketing

Marketing – Concept, functions and philosophies	● Understand the concept of marketing. ● Discuss the functions of marketing. ● Explain the marketing philosophies.
Marketing Mix – Concept and elements	● Understand the concept of marketing mix. ● Describe the elements of the marketing mix.
Product - branding, labelling and packaging – Concept	● Understand the concept of product as an element of marketing mix. ● Understand the concepts of branding, labelling and packaging
Price - Concept, Factors determining price	● Understand the concept of price as an element of marketing mix. ● Describe the factors determining price of a product.
Physical Distribution – concept components and channels of distribution	● Understand the concept of physical distribution. ● Explain the components of physical distribution ● Describe the various channels of distribution.
Promotion – Concept and elements; Advertising, Personal Selling, Sales Promotion and Public Relations	● Understand the concept of promotion as an element of marketing mix. ● Describe the elements of the promotion mix. ● Understand the concept of advertising and personal selling ● Understand the concept of sales promotion. ● Discuss the concept of public relations.

Unit 12: Consumer Protection

Consumer Protection : Concept

● Understand the concept of consumer protection.

● Describe the importance of consumer protection.

● Discuss the scope of Consumer Protection Act, 2019

The Consumer Protection Act, 2019: Source:

Meaning of consumer

Rights and responsibilities of consumers Who can file a complaint?

Redressal machinery

Remedies available

● Understand the concept of a consumer according to the Consumer Protection Act, 2019.

● Explain the consumer rights

● Understand the responsibilities of consumers

● Understand who can file a complaint and against whom?

● Discuss the legal redressal machinery under Consumer Protection Act, 2019.

● Examine the remedies available to the consumer under Consumer Protection Act,2019

Consumer awareness - Role of consumer organizations and Non-Governmental Organizations (NGOs)

● Describe the role of consumer organizations and NGOs in protecting consumers’ interests.

Unit 13: Project Work

Objectives of Learning Business Studies

Business Studies empower students about their surroundings, and they become more precise and contextual about the business they see around. For a better understanding of the importance of Business Studies, some objectives students will learn during the terms:

Students become familiar with the method of research work to understand their capabilities while working independently.
Students will get better exposure to business management and other services.
It helps to develop a sensible approach in the business and management sector.

Paper Pattern of Business Studies Class 12th

The theoretical paper of the Business Studies Class 12 consists of 80 marks, and the project work is for 20 marks. CBSE provides a systematic representation of the breakdown of the marks to each chapter. Download the PDF from the above link.

Vedantu experts advised students to practice previous years question papers and sample papers to pass the examination with flying colours. Solutions of the Business Studies papers are available on the Vedantu or install the Vedantu app from the Google play store to download it on your phone.

Guidelines for Utilising the CBSE Class 12 Business Studies Syllabus Effectively

Adhere to the prescribed CBSE syllabus for Class 12 Business Studies, following the NCERT books for a comprehensive understanding of the concepts.
Supplement your study material with reference books that can facilitate easier comprehension and provide additional insights.
Ensure that you grasp the meaning and purpose of each concept, as this understanding is crucial for a deeper comprehension of the subject matter.
To aid future revision, make it a habit to take notes on concepts that you have understood, organizing them for easy reference.
Engage in advanced study techniques, allowing ample time for revision and a thorough understanding of complex topics.
Practice solving previous year question papers and Class 12 Business Studies sample papers. This practice will assist you in managing time effectively during the exam and familiarize you with the question patterns.
Recognize that Class 12 Business Studies builds upon the fundamental aspects studied in previous classes. Embrace the advanced level of concepts and approach them with the necessary depth and rigor.

Conclusion:

The NCERT syllabus for Class 12 Business Studies, as per the CBSE guidelines for the academic year 2024-25, has been meticulously prepared by Vedantu to provide students with a comprehensive and well-structured approach to studying the subject. This syllabus encompasses a wide range of topics, striking a balance between theoretical understanding and practical applications. By adhering to the syllabus guidelines, students can acquire a deep understanding of Business Studies and develop crucial laboratory skills. Access to the NCERT syllabus equips students with valuable insights into the examination pattern and question paper design, facilitating effective exam preparation. With dedicated effort and a systematic study approach aligned with the CBSE Class 12 Business Studies syllabus, students can excel in the Board Exam and embark on a successful academic journey.

FAQs on CBSE Class 12 Business Studies 2024-25: Updated Syllabus

1. “An Organisation’s Success Depends Upon its Management”. Describe any Five Features to Justify the Statement.

It is needless to say that the success of an organisation depends mainly upon management due to the following reasons:

Creates an active organisation structure.
Helps in the development of society by following the norms and regulations of social responsibility.
It assists in achieving employee’s individual objectives along with the organisation’s objectives.
Helps in increasing the effectiveness of the individuals and resources of an organisation.
It assists in obtaining an organisation’s goals and plans.

2. What are the Features of Management?

Management is an overall activity that guides humans so that organisational goals can be achieved. The features of management are highlighted below:

The achievement of any management activity can be analysed by its accomplishment of predetermined goals and objectives. It acts as an instrument which helps to fulfil predetermined goals.
Management unites human being’s work with resources like buildings, financial assets and materials, etc.
It is a continuous process. It continuously handles problems and issues. Management identifies problems and takes the necessary steps to solve it. For achieving the target of a company, various policies have been made like Marketing and Advertising.
Management is necessary for all sectors, like social, political, business, cultural, etc. It is required in everywhere regardless of size or type of activity.

3. What is the Importance of Planning in Business Studies?

Every feature has its limitations. Planning is something that is required almost in every step of life. It can be explained as thinking before about what is to be done. Some essentialities of planning are described below:

Planning is a cognitive process. It makes the managers efficient in their work and creative as well.
It helps the managers to foresee and choose from a various course of action.
Every business, whether big or small need systematic planning.
Proper planning reduces the risk of ambiguity.
It decreases wasteful activities.

4. What are the Techniques to Understand Business Studies Easily?

To score well in this particular subject, students can follow several techniques to grasp Business Studies:

Do the Business Studies project carefully as it is easy to score full marks
Please read the notes as frequently as possible so that you do not have to memorise it.
Try to remember notes point-wise so that you can answer easily.

After studying a chapter thoroughly, try to write important points in your own words. This will act as your revision process.

3. How to find helpful resources regarding CBSE Syllabus for Class 12 Business Studies Term (1 & 2) 2024-25?

Vedantu provides you with everything regarding class 12 CBSE at one click. All you need to do is follow the sign in step, and later you can access a lot of helpful resources right from your laptop or mobile phone. Business Studies subjects need a regular practice of questions to gain accuracy with speed, download the rated questions PDF and previous papers from the study material section. To find a textbook and an example for the subject, go to the NCERT website, designed as per the revised syllabus guidelines.

5. What are the features of management included in the Business Studies?

Management guides humans to achieve organisational goals. Following are the features that the management chapter of business studies teaches you:

The success of any management activity depends on the accomplishment of predetermined goals and objectives. It acts as an instrument that helps to fulfil predetermined interests.
Management unites human beings' with resources like buildings, financial assets and materials, etc.
It is a continuous process. It continuously handles problems and issues. Management identifies problems and takes the necessary steps to solve them.